HNGE Hinge Health, Inc.
Price Chart
Executive Summary
Two insiders at Hinge Health sold a total of $2.57M in stock over a 7-day window, with a director accounting for 98% of the value via an open-market sale following a derivative conversion. The CFO sold a small, routine amount. The director's sale is notable in absolute dollars but represents only ~0.06% of the $4.1B market cap, falling below the 0.1% materiality threshold. The cluster is classified as selling, but the dollar value is trivial relative to company size, and the director's conversion-to-sale pattern is consistent with tax planning or diversification rather than a bearish signal.
Key Financial Metrics
Actionable Insight
The insider selling is routine in scale and pattern. The director's conversion-to-sale is typical for pre-IPO or early-stage equity monetization. No bearish signal is warranted. Monitor next earnings for any guidance changes, but this cluster alone does not warrant action.
Key Facts
- Director Gabriel Mecklenburg sold 47,330 shares at ~$53.31 for $2.52M on 2026-05-26, following a non-cash derivative conversion of 83,333 shares at $0.
- CFO James Budge sold 781 shares at $55.34 for $43K on 2026-05-20 — a routine, small-dollar sale.
- Total cluster value of $2.57M is ~0.06% of Hinge Health's $4.1B market cap, well below the 0.1% materiality threshold.
- The director's sale was preceded by a derivative conversion (non-cash), indicating the shares were acquired at zero cost, making the sale a monetization event.
- No open-market purchases were made by any insider in this cluster.
Financial Impact
Total insider sales of $2.57M, representing ~0.06% of market cap — immaterial relative to company size.
Risk Factors
- Insider selling could accelerate if the stock appreciates further, but current levels are not alarming.
- The director still holds a significant stake after the sale (remaining shares not disclosed), so this is not an exit.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-HNGE-1779923355040 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 3, 2026
2d ago
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Insider Cluster
| — | awaiting T+5 | — | — |
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Jun 3, 2026
2d ago
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Insider Cluster
| — | awaiting T+5 | — | — |
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May 27, 2026
9d ago
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Insider Cluster
| $54.95 $58.66 | ▲ +6.75% | ▲ +6.80% | $63.62 (+15.78%) |
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May 27, 2026
9d ago
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Insider Cluster
| — | awaiting T+5 | — | — |
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May 26, 2026
10d ago
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144
| — | awaiting T+5 | — | — |
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May 6, 2026
4w ago
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Insider Cluster
| $54.84 $55.22 | ▲ +0.69% | ▼ −0.44% | $63.62 (+16.01%) |
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May 6, 2026
4w ago
|
Insider Cluster
| $54.84 $55.22 | ▲ +0.69% | ▼ −0.44% | $63.62 (+16.01%) |
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Apr 17, 2026
7w ago
|
DEFA14A
| $43.32 $44.29 | ▲ +2.24% | ▲ +1.68% | $63.62 (+46.86%) |
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Mar 23, 2026
10w ago
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Insider Cluster
| $42.11 $36.77 | ▼ −12.68% | ▼ −9.12% | $63.62 (+51.08%) |
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Feb 23, 2026
14w ago
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Insider Cluster
| $38.45 $44.86 | ▲ +16.67% | ▲ +16.05% | $63.62 (+65.46%) |
US Market Status
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